1-bed · 761 sqftMarina Pinnacle Tower, Dubai Marina · 20th floor · completed 2011

2012, Marina Pinnacle Tower

Sold prices and rental history: sold 3 times, last in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2012 · DLD and Ejari recordsUpdated 17 June 2024
Last soldAED 650K23 January 2013
Current rentAED 70K /yr17 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2012, Marina Pinnacle Tower

What is 2012 worth today?

Last sold for AED 650,000 in 2013

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17 Jun 2024RentedRenewal
AED 70,000/yr12 months · AED 92 per sqft
17 Jun 2023RentedRenewal
AED 58,000/yr12 months · AED 76 per sqft
17 Jun 2022RentedRenewal
AED 58,000/yr12 months · AED 76 per sqft
17 Jun 2021RentedRenewal
AED 58,000/yr12 months · AED 76 per sqft
17 Jun 2020RentedRenewal
AED 58,000/yr12 months · AED 76 per sqft
14 Feb 2013RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
23 Jan 2013SoldReady
AED 650,000AED 853 per sqft
13 Jan 2013SoldReady
AED 734,000AED 963 per sqft

Source: Dubai Land Department. Updated 17 June 2024.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
20th of 67
Parking
B2-198
Developer
Tiger Properties
Completed
2011
Service charge
AED 12,800 /yr
Last sold
AED 650K · January 2013

About 2012, Marina Pinnacle Tower

2012 is a one-bedroom apartment of 761 sqft on the 20th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 23 January 2013 for AED 650,000, or AED 853 per sqft, 8% below the AED 932 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 17 June 2024, is AED 70,000 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 12,800 a year.

Sales and rents for 2012 over time

Sales
Unit 2012, each saleTypical one-bed in Marina Pinnacle Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 750,984; 2010 AED 1,215,496; 2011 AED 746,005; 2012 AED 721,388; 2013 AED 825,000; 2014 AED 985,000; 2015 AED 930,000; 2016 AED 860,000; 2017 AED 850,000; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 520,000; 2021 AED 587,500; 2022 AED 662,500; 2023 AED 755,000; 2024 AED 962,500; 2025 AED 1,030,000; 2026 AED 945,000Sold by developer, April 2009: AED 734,000 (AED 963 per sqft)Sold, January 2013: AED 650,000 (AED 853 per sqft)Sold, January 2013: AED 734,000 (AED 963 per sqft)

2012 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2012, each contractTypical one-bed in Marina Pinnacle Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 63,500; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 74,300; 2018 AED 65,000; 2019 AED 55,500; 2020 AED 47,000; 2021 AED 44,000; 2022 AED 54,000; 2023 AED 63,000; 2024 AED 75,000; 2025 AED 77,000; 2026 AED 80,650New contract, February 2013: AED 65,000 a yearRenewal, June 2020: AED 58,000 a yearRenewal, June 2021: AED 58,000 a yearRenewal, June 2022: AED 58,000 a yearRenewal, June 2023: AED 58,000 a yearRenewal, June 2024: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Pinnacle Tower, and where 2012 sits

All 420 1-beds →

2012 last sold in January 2013 at AED 853 per sqft, 8% below what one-beds in Marina Pinnacle Tower were fetching at the time (AED 932). Over the last 12 months one-beds sold for AED 820,000 to 1,123,570, around AED 1,198 per sqft, and rent for AED 25,000 to 180,000 a year. 2012's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026919,789,428
8 Oct 2026916,038
1 Oct 2026896,873
25 Aug 2026945,000
7 1-bed sales in the last 12 months

Marina Pinnacle Tower

Building

751 apartments, 1-bed to 3-bed over 67 floors in Dubai Marina, completed in 2011 by Tiger Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,155 Down 7.1%
Typical sale
AED 1.19M
Typical rent
AED 90K /yr
Typical yield
8.5%
Marina Pinnacle Tower, Dubai Marina: prices, sales and rents →

Other units on the 20th floor

All 751 units in Marina Pinnacle Tower
Value
20011-bedAED 670K · Jul 2012
20022-bedAED 1.42M · Aug 2024
20031-bedAED 693K · Dec 2012
20041-bedNo registered sale
20051-bedAED 1.21M · Mar 2014
20062-bedAED 915K · Sep 2022
20071-bedAED 1.15M · Dec 2013
1–7 of 13

2012, Marina Pinnacle Tower in numbers

  • Sold 3 times: first on 23 April 2009 for AED 734,000, last on 23 January 2013 for AED 650,000 (AED 853 per sqft).
  • Rented since February 2013 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 58,000 in 2023 and recovered to AED 70,000 by June 2024.
  • At AED 70,000 a year the gross yield on the 2013 price is 10.8%, before a service charge of about AED 12,800 a year (AED 16.77 per sqft).
  • One-beds in Marina Pinnacle Tower sold for AED 820,000–1,123,570 in the 12 months to November 2026; the building's median across all types is AED 1,155 per sqft.

Source: Dubai Land Department. Updated 17 June 2024.

Questions about 2012, Marina Pinnacle Tower

What did unit 2012 last sell for?

AED 650,000 on 23 January 2013: AED 853 per sqft for 761 sqft. The unit has 3 registered sales; the first was AED 734,000 in April 2009.

What is the rent for unit 2012?

AED 70,000 a year on the contract renewed on 17 June 2024. The previous contract, from June 2023, was AED 58,000; the unit has been rented since February 2013.

How big is unit 2012?

761 sqft (70.7 sqm): a one-bedroom apartment on the 20th floor of a 67-storey tower completed in 2011.

What is unit 2012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Pinnacle Tower sold for AED 820,000 to 1,123,570 in the last 12 months, around AED 1,198 per sqft.

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Mortgage on 2012, Marina Pinnacle Tower

Starts from the last sale price (AED 650K, 23 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →